3, LODGE STREET, DRAYCOTT, DERBY, DE72 3PR - £217,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LODGE STREET is a large detached house of 130m², built sometime before 1900, which could now be worth an estimated £402,354. It was last sold for £217,500 in April 2012, which was around 26% above the average April 2012 detached price in the Erewash local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

3 LODGE STREET Sold Prices

Land registry data shows four sales for 3 LODGE STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 3 LODGE STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 12 APR	£217,500	£172,443	26% above HPI
2008 19 SEP	£225,000	£183,939	22% above HPI
2001 26 SEP	£125,500	£95,538	31% above HPI
1996 1 APR	£84,000	£62,463	34% above HPI

3 LODGE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 3 LODGE STREET sales between April 1996 and April 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 LODGE STREET be worth now?

3 LODGE STREET might now be worth an estimated £402,354.

This is based on house price inflation of 85%, between April 2012 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85% inflationary increase is applied to the most recent sale price for 3 LODGE STREET of £217,500 on 12th April 2012. For the value to have increased from £217,500 to £402,354 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 3 LODGE STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2012 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LODGE STREET has not materially changed since April 2012.

How Large is 3 LODGE STREET?

3 LODGE STREET is 130m² according to the EPC inspection conducted in January 2011. This puts it in the largest 40% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 3 LODGE STREET lies on this distribution: 70% of detached houses houses are smaller than 3 LODGE STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Draycott.

3 LODGE STREET: Plot and Title Map

3 LODGE STREET sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 LODGE STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 LODGE STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 LODGE STREET?

3 LODGE STREET is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 3 on LODGE STREET.